SEC Form 4 · accession 0001209191-18-012167
ZIX CORP · ZIXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Dave Robertson
Officer — Vice President
Period of report
Feb 18, 2018
Accepted (ET)
Feb 22, 2018 · 11:16 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000855612
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 18, 2018 | F | 1,977 | $4.16 | D | 128,340 | D | |
| Common StockF1 | Feb 19, 2018 | M | 6,667 | — | A | 135,007 | D | |
| Common Stock | Feb 19, 2018 | F | 1,924 | $4.16 | D | 133,083 | D | |
| Common Stock | Feb 20, 2018 | F | 812 | $4.10 | D | 132,271 | D | |
| Common Stock | Feb 20, 2018 | F | 1,624 | $4.10 | D | 130,647 | D | |
| Common StockF1 | Feb 20, 2018 | M | 6,666 | — | A | 137,313 | D | |
| Common StockF2 | Feb 20, 2018 | F | 1,564 | $4.10 | D | 135,749 | D | |
| Common Stock | Feb 20, 2018 | F | 2,345 | $4.10 | D | 133,404 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 19, 2018 | M | 6,667 | D | — | — | Common Stock | 6,667 | 0 | D |
| Restricted Stock UnitsF1,F2 | — | Feb 20, 2018 | M | 6,666 | D | — | — | Common Stock | 6,666 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") coverts into a share of common stock on a one-for-one basis.
- F2Granted under the Amended and Restated 2012 Incentive Plan (as amended, the "Plan") on February 19, 2015. The 40,000 RSU grant consists of 50% RSUs that will vest pro-rata over 3 years and 50% that will vest pro-rata up to 1/3 each year the Company meets approved performance goals in 2015-2017, subject to acceleration under conditions described in the Plan.